Alleghany Capital Corporation has acquired an interest in R.C. Tway Company, LLC, the parent company of Kentucky Trailer.
"The investment by Alleghany Capital provides a unique opportunity for Kentucky Trailer,” said Gary A. Smith, Sr., President and Chief Executive Officer of R.C. Tway. “Through this partnership, Kentucky Trailer is better positioned to accelerate planned growth initiatives with our strong management team, serve our existing and new customers, and build on our company's family heritage by providing the opportunity for the involvement of the next generation."
Said David Van Geyzel, President and Chief Executive Officer of Alleghany Capital, "Over the past 77 years, under the leadership of R. C. Tway, Sr. and his descendants, Kentucky Trailer has provided its customers in the moving and storage industry and other specialized markets with high-quality custom trailers and services. We look forward to partnering with Kentucky Trailer's dedicated management team and associates as the company embarks on the next chapter of its already distinguished history."